Initially touted by the Personal Accounts Delivery Authority (PADA) as both easy to communicate and administer, target date funds have been labelled more complex than some of their more traditional lifestyling counterparts.Jim...
The regulator has written to the ABI telling it attempts to ‘subvert’ the RDR by moving to trust-based arrangements will attract intense attention.But the ability to refund employee contributions and retain those...
The insurer says it wants to win genuine new business by making it simple for wealth managers to introduce group risk to medium-sized businesses owned or managed by clients they currently give...
Tory pensions spokesman Nigel Waterson told an Social Market Foundation/B&CE fringe event at the Conservative Party conference in Manchester that the introduction of auto-enrolment straight after the coming general election should not...
Responding to shadow Chancellor George Osborne’s proposal for a £50,000 annual cap on public sector pension payouts, Joanne Livingstone, technical director at Punter Southall says the move takes no notice of the...
The ABI has welcomed the proposal, describing it as decisive, in contrast to the Government’s delays on pension reform. Standard Life says a later retirement date will also give bigger private pensions...
Ball says contracted out rebates to defined benefit schemes may be reduced if the State Pension Age rises. He says it will be easier for employers to increase normal pension ages in...
A Friends Provident survey 1 to highlight the problem in ElderCare Week found that 31% of adults are relying on receiving an inheritance to help fund their retirement, 22% are ‘just hoping’...
The PQM is a welcome initiative, as are any moves that lead to a better experience for the end consumer. The benefits of applying for the PQM seem to be aimed at...
